The Bitcoin Prise is still in the corrective move, it started in mid December. BTC has corrected from over-bought area and now has room for new increases in the short term.
Short-term indicators, which are still very extreme, support such a possible bullish action for the primary crypto currency.
BTC / USD is trading within a bearish channel, with a ceiling of around $ 15800 levels. A breakout above this level would allow the price wings to fly up to new heights.